19. Department of Transportation · Minor
Require BAB projects to show repayment ability across interest rate scenarios
Not started
“All projects should also be required to show repayment ability in various interest rate environments, and the BAB should ensure that long-term loans are structured appropriately with regard to the fixing of interest rates and hedging of interest rate risk on the part of the borrowers to avoid financial stress or default driven solely by rising interest rates.”
What has happened
- Not started
No action found yet. This entry is the starting point, not a finding.
- Action
- restrict
- Object
- Build America Bureau loan terms
- ID
- 1712